CAMT vs KLAC: Correlation
Camtek Ltd. (CAMT) and KLA Corporation (KLAC) show a strong relationship: their 3-year correlation of weekly returns is 0.66.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAMT and KLAC?
Over the past 3 years, CAMT and KLAC moved with a correlation of 0.66, which is strong. Little has changed lately, as the 1-year reading of 0.71 lands near the 3-year figure. Over 5 years the correlation is 0.65, and the annualized covariance of weekly returns is 1742.6 %².
Among the 10 assets we track against CAMT, KLAC ranks #4 by 3-year correlation. The last year tells two different stories: KLAC led by 41.3 percentage points, +66.6% for CAMT against +107.9% for KLAC.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CAMT vs KLAC: side by side
| CAMT (Camtek Ltd.) | KLAC (KLA Corporation) | |
|---|---|---|
| 1-year return | +66.6% | +107.9% |
| 5-year return | +253.0% | +463.9% |
| Volatility (ann.) | 57.7% | 45.6% |
| Beta vs S&P 500 | 1.95 | 1.84 |
| Max drawdown (3Y) | -63.2% | -43.6% |
| Market cap | $6.8B | $240.1B |
| P/E (trailing) | 193.1 | 50.2 |
| Dividend yield | 0.00% | 0.44% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | CAMT | KLAC |
|---|---|---|
| 2022 | -52.3% | -11.2% |
| 2023 | +215.9% | +56.0% |
| 2024 | +18.3% | +9.4% |
| 2025 | +31.7% | +94.5% |
| 2026 | +36.2% | +51.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAMT and KLAC good diversifiers for each other?
Only partially. A correlation of 0.66 means CAMT and KLAC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CAMT and KLAC?
As of 2026-08-27, the correlation of weekly returns between CAMT and KLAC is 0.66 over 3 years, 0.71 over 1 year and 0.65 over 5 years.
Is KLAC a good diversifier for CAMT?
Only partially. A correlation of 0.66 means CAMT and KLAC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.66 mean?
A reading of 0.66 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/camt-vs-klac.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/camt-vs-klac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CAMT correlations · KLAC correlations
